1-bedroom house · SE1 2RH
Listing removedListed 81 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Area Overview Magdalen Street enjoys a prime SE1 location in the heart of Bermondsey, placing residents within walking distance of London Bridge and one of Central London's most vibrant neighbourhoods.
The area is renowned for its excellent mix of independent cafés, restaurants, boutique shops and local markets, creating a lively yet welcoming atmosphere.
With Borough Market, More London and the South Bank all close by, tenants can enjoy an exceptional choice of dining, entertainment and riverside walks while benefiting from outstanding transport connections across the capital.
Transport Links London Bridge Station is just a short walk away, providing access to the Jubilee and Northern Underground lines as well as extensive National Rail services.
Excellent rail and Underground connections make commuting to the City, Canary Wharf, Waterloo, King's Cross and the West End quick and convenient.
Several bus routes, including the 47,63,188,343,381, C10, N199 and N381, operate nearby, offering easy travel throughout Central and South London.
The property's central location makes it an excellent choice for professionals working across London's main business districts.
Shopping & Local Amenities Tesco Express on Tooley Street and Sainsbury's Local at Bermondsey Square are both within easy walking distance for daily shopping.
Bermondsey Street offers an excellent selection of cafés, independent restaurants, bars and artisan retailers.
Borough Market, one of London's most famous food destinations, is located nearby, alongside a wide variety of supermarkets, pharmacies and essential local services.
The surrounding SE1 neighbourhood provides everything needed for convenient day-to-day living.
Fitness & Green Spaces Leathermarket Gardens provides an attractive nearby green space ideal for relaxing or exercising outdoors.
Residents can also enjoy easy access to the Thames Path and South Bank riverside walks.
A number of well-equipped gyms are located nearby, including The Gym Group Monument and several boutique fitness studios throughout London Bridge and Bermondsey.
Property Description A spacious three-bedroom flat situated in one of SE1's most sought-after locations, just moments from London Bridge Station and the vibrant amenities of Bermondsey Street.
The property comprises three generously sized bedrooms, a separate fitted kitchen, a modern bathroom and a practical layout that offers excellent separation between the living and sleeping areas.
This makes the property particularly well suited to professional sharers or students seeking comfortable accommodation in a highly connected part of Central London.
One of the property's standout features is its superb location, combining generous living space with exceptional access to transport, local supermarkets, cafés, restaurants and some of London's most iconic riverside destinations.
Offering convenience, flexibility and excellent connectivity, this is an ideal home for tenants looking to enjoy everything Central London has to offer. Early viewing is highly recommended.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About ROOM C, MAGDALEN STREET, FLAT 17A, London
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